WT Microelectronics

WT Microelectronics, a global electronic components distributor, completed its previously announced acquisition of Future Electronics for US$3.8 billion on April 2, 2024.

WT Microelectronics has entered into a definitive agreement to acquire 100% of Future Electronics for an enterprise value of US$3.8 billion in an all-cash transaction.

WT Microelectronics, through its subsidiary WT Semiconductor, will acquire 100% of Excelpoint Technology for S$1.93 per share, valuing the company at over S$232.2 million. The deal is expected to close in Q3 2022.

WT Microelectronics announced plans to fully acquire Maxtek Technology for about NT$1.9 billion (US$62.2 million), expanding its presence in the consumer electronics chip market. The deal is expected to close on October 1, 2017, subject to shareholder approval.